Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.24.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of the status and changes of the unvested shares of restricted stock under the 2016 Plan is presented below.
Number of Unvested Restricted Stock Units Weighted Average Grant-Date Fair Value
Unvested restricted stock units as of January 1, 2021 1,914,782  $ 1.21 
Granted 128,205  3.90 
Vested (914,782) 1.52 
Forfeited —  — 
Unvested restricted stock units as of December 31, 2021 1,128,205  1.27 
Granted 228,310  2.19 
Vested (628,205) 1.54 
Forfeited —  — 
Unvested restricted stock units as of December 31, 2022 728,310  1.32 
Granted 369,050  5.17 
Vested (794,977) 1.69 
Forfeited —  — 
Unvested restricted stock units as of December 31, 2023 302,383  5.06